Egypt’s economic situation remains far from rosy: FocusEconomics
The GDP is expected to be $311bn in FY 2015/2016 and to…
Annual inflation rate rises to 10.9% in April: CAPMAS
The agency said in its monthly report for inflation issued on Tuesday,…
Egypt attempts to contain repercussions of pound’s devaluation on food commodities
Armed forces will secure commodities for citizens at prices 50% less than…
Egypt’s economic growth expected to decrease to 3.3% in 2016: IMF
The report predicted a global economic growth of 3.3% during 2016. However,…
Inflation increases by 1.4% in March: CAPMAS
The annual inflation rate in March 2016 decreased to 9.2% compared to…
Fed keeps rate, pares back future hikes
The Federal Reserve kept interest rates steady, while indicating that economic headwinds…
CBE devalues EGP amid concerns over inflation and budget deficit increase
The decision is expected to have far-reaching repercussions on the deficit and…
Egypt’s annual urban consumer inflation declined to 9.1% in February
The rate of inflation is linked to the continued devaluation of the…
Real growth rate expected to decline to 3.7%: Prime Investment Research
The firm believes targeted level of budget deficit which amounts to EGP…